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GCs' Open Letter To Firms Serves As Ultimatum On Diversity

Law360 (January 28, 2019, 9:10 PM EST) -- An open letter penned and signed by more than 170 general counsels and chief legal officers at major companies represents an ultimatum to law firms to hire, retain and promote diverse associates or risk losing their in-house clients' business, supporters of the document told Law360 on Monday.

The top corporate lawyers represent public and private companies in industries ranging from advertising and financial services to transportation and hospitality, which collectively spend hundreds of millions of dollars each year on legal services. They vowed in their letter released Sunday to redirect their substantial outside counsel spending to the firms that promote partner...

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